All Posts in "Day: April 11, 2024"

Ministry working for early release of funds 2024 Olympics- Sport Minister

By Favour Nnabugwu

 

 

The Minister of Sports Development, Senator John Owan Enoh has announced plans to ensure the early release of funds in preparation for the Paris 2024 Olympic Games, underscoring the ministry’s commitment to supporting Nigerian athletes on the world stage.

Senator Enoh emphasized the importance of securing funding in a timely manner to facilitate comprehensive preparations for the Olympic Games. He added that the ministry will actively pursue partnerships with private individuals and the corporate sector to bolster financial support and ensure that athletes are set up for success.

Drawing from the successful model implemented during the African Games, where all athletes were insured, Senator Enoh affirmed the ministry’s commitment to safeguarding the well-being of Olympians. Plans are underway to provide insurance coverage for Team Nigeria athletes to mitigate risks associated with injuries and unforeseen circumstances, reflecting a proactive approach to athlete welfare.

Highlighting the ministry’s dedication to nurturing talent and fostering a conducive environment for athletic excellence, Senator Enoh announced plans to implement salaries for grade A athletes. This initiative aims to provide ongoing support and motivation to athletes as they prepare for the Games, enabling them to focus on their training and performance without financial constraints.

Senator Enoh expressed confidence in Nigeria’s athletes and their potential to achieve success at the Paris 2024 Olympic Games. By prioritizing early funding, strengthening partnerships, and enhancing athlete support mechanisms, the Ministry of Sports Development expressed commitment to Nigerian athletes to shine on the global stage.

Patoma Admin by — April 11, 2024 in Others 0
Inspenonline retirement summit soars, holds April 25

By Favour Nnabugwu

 

 

More individuals, groups and organisations have continued to indicate interest to attend the maiden 2024 Inspenonline Retirement Summit, first of it’s kind, will hold on Thursday, April 25, 2024 .

According to the Promoter of the Summit, who is also Publisher of Inspenonline, Chuks Udo Okonta, prominent amongst those attending the summit are: members of Nigeria Employers Consultative Association (NECA); Nigeria Labour Congress (NLC); Trade Union Congress of Nigeria (TUC); Nigeria Union of Pensioners (NUP) and Pension Desk Officers (PDOs).

The event which will hold at Radisson Hotel include others as members of informal sector, insurance operators, pension operators, lecturers, students, workers and retirees.

Okonta submitted that the 2024 Inspenonline Retirement Summit, was designed to provide the requisite knowledge needed to aid the public to effectively plan and enter retirement life smiling and also help those in retirement rediscover themselves.

He said the theme: ‘Promoting Retirement Without Tears, Through Insurance and Pension’ will be handled by experts, who are masters in retirement affairs.

“Why would you spend thousands of naira to attend retirement seminars, while you can get the needed knowledge for free,” he enquired.

He said the event, which he christened the University of Retirement, has Faculty Leaders, such as, Chairman of event, Past President Chartered Insurance Institute of Nigeria (CIIN)/former Managing Director Sterling Assurance Limited, Fatai Lawal.

Special Guests of Honours: Commissioner for Insurance Sunday Thomas and the Director General National Pension Commission (PenCom) Mrs. Aisha Dahir-Umar

Special Guests: Past President Chartered Insurance Institute of Nigeria Sir. Muftau Oyegunle; Chairman, Nigerian Insurers Association (NIA) Olusegun Omosehin and the Chief Executive Officer, Pension Fund Operators Association of Nigeria, Agudah Oguche;

President Chartered Insurance Institute of Nigeria Edwin Igbiti; President Nigerian Council of Registered Insurance Brokers Babatunde Oguntade; Chairman, NSIA Insurance Limited, Dr. Adesegun Akin-Olugbade and the Former Managing Director Sanlam Nigeria, Val Ojumah

Keynote Speaker: Founder & Managing Director, ZER Consulting Africa, Adeolu Adewumi-Zer

Paper Discussants: Managing Director Motodols Consults/former Director General, Lagos State Pension Commission, Mrs. Folashade Onanuga; Founder, Mutual Aid Specialists, Adetola Adegbayi; Managing Director Universal Insurance Plc, Benedict Ujoatuonu; Managing Director and Chief Executive Officer of Crusadersterling Pensions Limited, Rotimi Adebiyi; Managing Director Heirs Life Assurance Limited, Niyi Onifade; Managing Director Sanlam Nigeria, Tunde Mimiko; Director General, Nigeria Employers Consultative Association, Adewale Oyerinde and the National Chairman, Forum of Pension Desk Officers, Nze Peter Nze.

Okonta appreciated companies and individuals that have so far supported the event morally and financially, whilst imploring good spirited individuals and organisations to also support the initiative.

Patoma Admin by — April 11, 2024 in Insurance 0